PIMCO Municipal Income Fund (NYSE:PMF – Get Free Report) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Monday, May 13th will be paid a dividend of 0.042 per share by the financial services provider on Monday, June 3rd. This represents a $0.50 annualized dividend and a dividend yield of 5.56%. The ex-dividend date is Friday, May 10th.
PIMCO Municipal Income Fund has decreased its dividend payment by an average of 8.0% annually over the last three years.
PIMCO Municipal Income Fund Trading Up 1.0 %
Shares of NYSE:PMF traded up $0.09 during midday trading on Friday, reaching $9.07. 113,631 shares of the company’s stock traded hands, compared to its average volume of 61,457. PIMCO Municipal Income Fund has a one year low of $7.69 and a one year high of $10.48. The stock has a 50 day moving average of $9.25 and a 200 day moving average of $9.12.
About PIMCO Municipal Income Fund
PIMCO Municipal Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
Featured Articles
- Five stocks we like better than PIMCO Municipal Income Fund
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- 3 Tickers Leading a Meme Stock Revival
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
- Where Do I Find 52-Week Highs and Lows?
- DraftKings Q1: Strong Customer Acquisition and Product Innovation
Receive News & Ratings for PIMCO Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
